SteelMint

Tag: China Automobile production falls by nearly 9%

  • China: Automobile production falls by nearly 9%, y-o-y, in Oct’21

    China: Automobile production falls by nearly 9%, y-o-y, in Oct’21

    —

    by

    Admin Operation
    in

    Jan-Oct’21 NEV output rises over 175%, y-o-y Average monthly production was 2.8 million units in Nov-Dec’20 As per data published by the China Association of Automobile Manufacturers (CAAM), production and sales of automobiles stood at 2.33 million and 2.333 million, respectively, in Oct’21. While auto production increased by 12.2% compared to Sep, sales inched up…